Post by: Sreeram Viswanath in Compliance Income Tax
Section 234C of Income Tax Advance tax is an income tax mechanism that facilitates the taxpayers to make their payments in multiple instalments instead of forcing them to spend on a single remittance at the end of the financial year.…
Post by: Sreeram Viswanath in Compliance Income Tax
Interest under Section 220(2) - Income Tax Act Section 220(2) of the Income Tax Act consists of provisions for late payment of demand of tax, interest and penalty. This article seeks to explore its various provisions and applicability in brief.…
